Analysts Set Expectations for EQB’s Q1 Earnings (TSE:EQB)

EQB Inc. (TSE:EQB) – Equities research analysts at Desjardins issued their Q1 2025 earnings per share estimates for EQB in a report issued on Monday, February 10th. Desjardins analyst D. Young anticipates that the company will post earnings of $2.78 per share for the quarter. Desjardins has a “Moderate Buy” rating on the stock. The consensus estimate for EQB’s current full-year earnings is $12.60 per share. Desjardins also issued estimates for EQB’s Q2 2025 earnings at $2.76 EPS, Q3 2025 earnings at $3.25 EPS, Q4 2025 earnings at $3.26 EPS, FY2025 earnings at $12.05 EPS and FY2026 earnings at $13.75 EPS.

Other equities analysts have also issued research reports about the company. Cormark lowered EQB from a “buy” rating to a “market perform” rating and lowered their price target for the stock from C$131.00 to C$110.00 in a report on Thursday, December 5th. CIBC lifted their target price on EQB from C$113.00 to C$130.00 in a research note on Tuesday, November 26th. BMO Capital Markets upped their price target on EQB from C$106.00 to C$119.00 in a research note on Monday, November 18th. Jefferies Financial Group set a C$129.00 price objective on shares of EQB and gave the company a “buy” rating in a research note on Thursday, January 30th. Finally, Scotiabank reduced their target price on shares of EQB from C$135.00 to C$130.00 in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$118.30.

EQB Stock Performance

Shares of EQB stock opened at C$105.93 on Thursday. The company’s fifty day moving average is C$104.53 and its two-hundred day moving average is C$103.26. EQB has a 1 year low of C$78.24 and a 1 year high of C$114.22. The company has a market capitalization of C$4.07 billion, a P/E ratio of 11.13, a PEG ratio of 0.34 and a beta of 1.59.

EQB Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.49 per share. This is a positive change from EQB’s previous quarterly dividend of $0.47. The ex-dividend date was Friday, December 13th. This represents a $1.96 annualized dividend and a dividend yield of 1.85%. EQB’s payout ratio is 19.75%.

EQB Company Profile

EQB Inc formerly Equitable Group Inc trades on the Toronto Stock Exchange TSX: EQB and EQB.PR.C and serves over 360000 Canadians through its wholly owned subsidiary Equitable Bank Canadas Challenger Bank. Equitable Bank has grown to become the countrys eighth largest independent Schedule I bank with a clear mandate to drive real change in Canadian banking to enrich peoples lives.